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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: GROUND ZERO™ who wrote (13399)1/22/1998 1:32:00 AM
From: Jon Matz  Read Replies (1) | Respond to of 94695
 
>>Remember, Russia is bankrupt and has a great store of gold which they will dump onto the market at their first opportunity to raise a sizeable cash flow to finance their economy. <<

Russia has been bankrupt for many years. I would "guess" that they have already sold their gold just like we did. Do you have any reliable source to confirm your statement or could you point me in a direction to clarify it?

Fascinated by the possibility, Jon



To: GROUND ZERO™ who wrote (13399)1/22/1998 7:40:00 AM
From: Mark Bartlett  Read Replies (1) | Respond to of 94695
 
Ground Zero,

I hope you are a better bond trader than you are a silver analyst. That argument that digital is going to replace silver in the near future is garbage - plain and simple.

I do not know where silver is going - _if COMEX is any indication, there is pressure up. That being said, the commercials are short ... suggesting there may be more silver inventory than we know about ... which could be possible. In the end though, if silver does not move, or goes down, it's goona have squat to do with digital.

MB



To: GROUND ZERO™ who wrote (13399)1/22/1998 8:25:00 AM
From: Dwight Taylor  Read Replies (2) | Respond to of 94695
 
Ground--There was an interesting article in yesterday WSJ about a return to the gold standard. I haven't read it yet.

Let me ask you this. I understand the Japanese prime rate is about .5% . Is that correct? If so, couldn't one borrow a mil at 1/2%, for a cost of $5000, invest in US bonds at 5 1/2%, for a return of $55,000. Or is it not that simple?